Sectoral funds, focused exclusively on public sector banks (PSBs), have delivered the strongest returns among domestic mutual fund (MF) categories over the past six months. Illustration: Dominic......
Equity benchmark indices Sensex and Nifty ended lower on Monday, dragged down by selling in blue-chip stocks Reliance Industries, Hindustan Unilever, Axis Bank amid mixed global trends.......
According to analysts, the rally in most PSB stocks in 2024 was driven by the continuation of the government at the Centre. The year 2024 was a roller-coaster ride for Indian stock markets, marked......
Shares of state-owned bank stocks were under pressure on Monday due to muted deposit and credit growth numbers reported by these lenders in the October-December quarter (Q3) of 2024-25 (FY25).......
Since March 31, 2022, the PSBs' market cap has risen 43.7 per cent, from Rs. 7.29 trillion to Rs. 10.47 trillion.It's time for the government, the majority owner of public sector banks, to reap the......